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Bulgaria Tops IBM 2008 Report for Foreign Investments in Service Jobs
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Eastern European countries are quickly emerging as key locations for services investment, with Romania, Bulgaria, and Hungary among the top 10 global destinations, according to data published in the IBM 2008 Global Location Trends report.
As investment into India and China declined significantly in absolute numbers and with India remaining the top location for services functions, the reports' data indicates that some Eastern European locations are improving sufficiently in skills to become strong location alternatives for services investment, while maintaining cost advantages.
According to the IBM 2008 Global Location Trends report, the improvement becomes particularly evident when taking account of differences in population size, with Bulgaria being the world's top performer and Hungary number three.
Serbia and the Balkans, the report explains, have become new major recipients of investment, as these locations are increasingly seen as alternatives to traditional Eastern European "hot spots" that are experiencing tighter labor markets and increased competition for skills. This is particularly evident when looking at jobs created from foreign investment compared to population size, where Bulgaria, Romania, and Serbia are all ranked in the top 10 globally, and Macedonia is in the global top 20.
In Europe, the widening of the global economy manifested itself in increasing investment activity outside the European Union, with countries in South-East Europe (such as Serbia) emerging as locations for investment. While the UK is the greatest recipient of jobs from foreign investment in Europe, followed by a handful of Eastern European countries, these developments continue the trend towards South-East Europe, which was identified last year (when Romania and Bulgaria were both major new recipients of investment).
This year's Global Location Trends report by IBM Global Business Services shows that global investment activity continues to widen, penetrating deeper into more economies, and bringing the potential for new growth and prosperity to more people than ever before. This expansion has brought unprecedented levels of investment to countries previously on the periphery of the world economy. Companies are now actively seeking out and finding investment opportunities in Latin America and Africa, for example, capitalizing on the talents and assets that these vast regions have to offer.
IBM's Global Location Trends reports are based on analysis of data from IBM's proprietary Global Investment Locations Database (GILD). GILD records investment project announcements around the world on an ongoing basis. With currently information for over 70,000 investment projects recorded since 2003, GILD provides unrivalled insight into global trends in corporate location decision making.
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Bulgarian Properties |
Cheap Properties in Bulgaria >>
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The RED TEMPTATION Property in Bulgarian Rural Paradise - Your New Home in Bulgaria - RUS1567
Brief: Houses for sale near Veliko Tarnovo
Area: 150 sq.m.
Price: 9500 EUR
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Top of the World - Bulgarian Property - (more than 31,000 sq.feet land with great potential) RUS1957
Brief: Land for sale near Ruse
Area: 3000 sq.m.
Price: 28900 EUR
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Build your wonder - Bulgarian Property - Development Land near Ruse - RUS1958
Brief: Land for sale near Ruse
Area: 2970 sq.m.
Price: 35900 EUR
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Luxury Italian Design Apartment My Bulgarian Property - ALL INCLUSIVE AP2601
Brief: Large apartments for sale in Ruse
Area: 100 sq.m.
Price: 176900 EUR
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More than a dream My Bulgarian Property RUS31
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 16300 EUR
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In the heart of the mountain! My Bulgarian Property UN1209
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
Price: 27700 EUR
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Clean air, green hills and a picturesque river valley My Bulgarian Property RBP07
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 8000 EUR
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A good fishing opportunity My Bulgarian Property RBP01
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 7000 EUR
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Bulgarian Property - A perfect combination of property and nature OFFER1101
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 23900 EUR
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Let the mountain in you home - Bulgaria Invest - LOV1202
Brief: Houses for sale near Lovech
Area: 80 sq.m.
Price: 19700 EUR
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Astonishing rural property for sale - Land in Bulgaria - RUS1206
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 14900 EUR
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Capital and Rural Bulgarian Property - SOF1550
Brief: Houses for sale near Sofia
Area: 210 sq.m.
Price: 245000 EUR
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Small house. Big potential Bulgarian Property - RUS 1274
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12300 EUR
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Great deal for a home near the Black Sea - VUS1204
Brief: Houses for sale near Varna
Area: 80 sq.m.
Price: 15500 EUR
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